Britannia: 4% merit pot
Key details Pay award: 4% merit budget Employees covered (nos.): all staff (3,300) Effective date: 1 January 2006 |
Around 3,300 staff at the Britannia Building Society have been awarded all-merit increases from a 4% pot, effective 1 January 2006. Increases are awarded according to the organisation's performance grading, with no pay rise given to the poorest performers.